$2,719 Closing Credit*
$229,000
1,346 SqFt
3 Beds
•2 Full Baths, 1 Partial
Cory Cavinee, Listing Office: Swc Realty
Is South Union Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Union Township was a Seller's Market.
Key Takeaway
South Union Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Union Township, PA
How much do homes in South Union Township, PA cost?
Median Sold Price
$190,000
$121/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$55,000(-22.4%)
Key Takeaway
Homes in South Union Township have sold for 22.4% less than they did a month ago.
Summary: The median home sold price in South Union Township was $190,000 in October 2024, down 22.4% from last month, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $175K | +2.9% |
| 3 Bedrooms | $245K | $190K | -22.4% |
| 4 Bedrooms | $399K | $193K | -51.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: South Union Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes decreased by 51.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hopwood | $170K | $180K | +5.9% |
| South Union Township | $245K | $190K | -22.4% |
Housing Supply in South Union Township, PA
How many homes are available in South Union Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 55 | +10.0% |
Summary: The South Union Township real estate market had 55 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The South Union Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Union Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in South Union Township in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for South Union Township, PA
How long does it take to sell a home in South Union Township, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 40 Days | +7.5% |
Summary: Homes in South Union Township had an average of 40 days on market in Oct 2024, up by 7.5% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Union Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in South Union Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.